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When Ford Motor Co. announced plans to build a 4,100-acre electric truck and battery plant outside Mason, Tenn., it created a rare opportunity to uplift a struggling, Black-majority rural town. Now, as state officials seek to step in and grab the benefits, Mason's leaders urgently need Ford's help to keep that hope alive.
When Ford Motor Co. announced plans to build a 4,100-acre electric truck and battery plant outside Mason, Tenn., it created a rare opportunity to uplift a struggling, Black-majority rural town. Now, as state officials seek to step in and grab the benefits, Mason's leaders urgently need Ford's help to keep that hope alive.
The increasingly popular community-oriented mechanism makes neighbors into property owners and preserves affordable housing in perpetuity.
Community land trusts, many of them recently founded, are pursuing a novel solution to the nation’s affordable housing crisis.
Without permanent relief, many Americans are stuck with thousands of dollars of debt, hindering their abilities to plan for the future and invest in assets that would help grow intergenerational wealth.